joe greco, i'm going to start with you.he mood on the trading floor for an all-time high, this is is a pretty quiet day. what's going on here. >> looking around from dow 14,2 hat whatever we were supposed to have and reached across my desk and found a bear hat. we've got the president saying things are good. you've got the leaders of corporations saying things are good and we'll start buying our stock back and got the big money manager saying the market is ripe and we'll chug along. we're missing a big component and what that enters the market, i think all first three people will start selling to them so i'm a little cautious up here. really nice that we hit the number, and it's great, but i'm a little more bearish at this point. >> joe, what is the missing component that you're seeing that others are not seeing then? >> if you listen in the distance, look at the volume, there's really not that much noise, as bill was saying before. it's kind of quiet so it's not on record volumes that we're reaching these record highs, and

technical side joe greco with me on the floor of the stage and on the fundamental side is jeff kilbergfounder of kkm financial, a cnbc contributor who is in chicago. jeff, low rates and easy money policies around the world so why is gold falling right now? >> well, bill, i think there's a couple of stories going on, and clearly it's a u.s. dollar strengthening story. we came down and our other guest can talk about the technicals but once we broke that 1620 essentially in the gold, we saw a breakdown and saw it testing the 50 level. one thing that really helped out, those who want to step in here and be a contrarian like myself is that ben bernanke came out and basically said that all the fed presidents and bickering and fighting, folks, he'll still make that call, and he came out and said that on tuesday. we've seen markets rally, and with the markets rallying, folks are averse to gold, so i think this is an opportunity to get in and get long gold right now. >> joe, what do the charts look like? >> well, thanks for the nod there, jeff, but, you know, i'm very long term and looking bull

on the technical side, it's ennis tanner and on the fundamental side, joe greco on the floor of the nework stock exchange with meridian equity partners. joe, let's do the fundamental side first. do you share jpmorgan's concerns right now about amazon? >> let's be clear, first things first, the analyst there did not go to sell, just went to neutral. the stock has had a great run, as you said, and it's still near all-time highs and they only lowered the price target to 300, but fundamentally, this stock is still sound. >> so you like it? >> i do. i would be a buyer. >> i agree with mr. olstein in the sense that amazon, to me, the the best not for profit company in the world. but it doesn't make a profit. >> ouch. >> and having said that, though, the stock has appreciated for years now, despite the fact that it hasn't made a profit. that's where the charts important. and we're starting to see signs of weakness. amazon broke out above its september 2012 high in january, but it had a failed break out. it actually came back below that breakout level, which to me signals relative weakness in t